Having relocated from Arabia to Europe this will now incorporate Eastern European stories.
Copyright to all articles remains with the publisher and HEADLINES ARE CLICKABLE to access published articles.
(Subscription by RSS is recommended, even though email, LinkedIn and Google+ updates are available.)

Google+ Followers

Wednesday, 15 June 2011

Dubai shares jumped by 2.2 per cent today on a much higher than normal volume of 194 million shares as rumours circulated that the bourse might have clinched inclusion in the MSCI emerging markets index which is expected to be announced this time next week.

It could be that the MSCI impact on Dubai share prices is a question of being better to travel than to arrive, and that once the announcement is made shares will actually fall back. The same thing happened when DP World was finally listed on the London Stock Exchange and promptly declined in value.